RESERVE BANK REPORT
INCREASE IN STERLING FUNDS. The sterling exchange funrts of the Reserve Bank of New Zealand on March 9 totalled £19,030.594. an increase for the week of £255,127. The note issue at £23,349,988 shows a decrease on the previous week of £90.242. The statement ax at the close of business on Monday, March 9. is as follow®: LIABILITIES £ f. d. General Reserve Fund .. .. I.soo,oftft 0 0 Bank note* . 23,349,958 10 0 Va" State’.? .19 t 255,134 1 3 tb» 8ank512,917,611 1 11 (c) Other 195,774 7 11 Lir.bilitie- < ther than in N.Z. currency 236.555 12 1 Other liabilities 1.243.005 17 0 f(N.Z.)55.695.069 9 3 ASSETS. Reserve- — Subsidiary coin .. .. .. ■ • 74.821 8 6 Advance. - (11 Marketing D?: t. . -'.,615,872 4 6 i2> I • 25,750.<:<»0 0 0 Investments .... 4,153,014 13 11 Other assets 1.271.890 0 7 £ N.Z.)55.698.069 9 3 Proportion nf reserve to notes and other demand liabiliites 38.759 per cent., compared with 38. per cent, on March 2. The reserve on March 9 amounted to £21.595 915. cornered with £21.507.135 on March 2. an in. tn-c -f £>'.7'o. A year ago the reserve totalled £21.356.965. Sterling exchange on March 9 amounted to £19.030.594. eot pared with £1 *.747.467 on March 2, an increase of £2'3,12.. Liabilities than New Zealand cur-' i . : £194.347). thus making the bank's net n - fracas asset-" j £1'.794.038. an in'-rease for the week of ' £88,750. A year ago these a-rets totalled 1 The bank’- gold holding remains unchanged j at £2.'••1.877. Subsidiary coin is shown at | £74.521. a decrease of £1094. Advance® to the State Marketing DepartA »h»- »**»«» «■<■■■<• £2.788.4'4. Advances to the State for other purposes are unchanged at ■.750,000. A I J £2507. Other : sser< amount to £1.271.890. ar. .. ■ . ' . • £23.31*.'.- ! ’Yabilitie*l* 1 to’ 1 the’ 4 State amount j 1 week of £.'>.62'.427. Other demand liabilities I at £19.7.7 7 4 have decreased by £44.298, f *)•'• liabilities ■■ tai £1.243.006. a decrease • of £133. Th< ent 1 nces at £5B. 98,069. an
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Bibliographic details
Wanganui Chronicle, Volume 86, Issue 67, 20 March 1942, Page 1
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326RESERVE BANK REPORT Wanganui Chronicle, Volume 86, Issue 67, 20 March 1942, Page 1
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